Royale Energy, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 0.571825 million compared to USD 0.516505 million a year ago. Net income was USD 1 million compared to net loss of USD 0.052351 million a year ago.

Basic earnings per share from continuing operations was USD 0.01. Diluted earnings per share from continuing operations was USD 0.01.